Thursday, March 16, 2017

Federal Funds Rate to 1%, a 25-basis point increase.

“Job gains remained solid and the unemployment rate was little changed in recent months. Household spending has continued to rise moderately while business fixed investment appears to have firmed somewhat,”. “Inflation has increased in recent quarters, moving close to the Committee's 2% longer-run objective; excluding energy and food prices, inflation was little changed and continued to run somewhat below 2%. Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.”
The FOMC said it expects that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace, labor market conditions will strengthen somewhat further, and inflation will stabilize around 2% over the medium term. Near-term risks to the economic outlook appear roughly balanced, it added.
An analysis have said it found that the 25 basis-point increase will cost U.S. consumers roughly $1.6 billion in extra credit card finance charges during 2017.
The Fed said it will also be maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction, and it anticipates doing so until normalization of the level of the federal funds rate is well under way. This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.

Some analysts are projecting the Fed could raise rates as many as four times this year. 

Wednesday, March 15, 2017

Dayton Firefighters Federal Credit Union donated carbon monoxide detectors to fire departments in the Miami Valley region.


For a second year, the program has helped local firefighters put more carbon monoxide detectors in homes across the area.

The credit union started handing out the carbon monoxide detectors on Wednesday.

"It is my eventual goal to see that every household in Huber Heights has a working smoke detector and a working carbon monoxide detector," said Huber Heights Fire Division Chief Mark Ash-worth.

Nationwide, an estimated 430 people die from accidental carbon monoxide poisoning, according to the Centers for Disease Control and Prevention. Carbon monoxide poising has been attributed to annual emergency room visits for about 50,000 people in the United States.

The credit union will donate carbon monoxide detectors to fire departments in Dayton, Kettering, Trot-wood, Butler Twp., Huber Heights, Troy and Sugar-creek Twp.

"It's a total of 681 detectors that we've been able to donate after this year and hope to continue to do it," said Shannon O'Neill, of the Dayton Firefighters FCU.

Friday, March 10, 2017

Jack Daniel's Tennessee Fire And iHeartMedia Team Up To Raise Funds For The "Fire Family Foundation"

Benefit concert series across 11 cities to drive donations in support of firefighters
LYNCHBURG, Tenn., Jack Daniel's Tennessee Fire and iHeartMedia announce the "Rise From The Fire" Concert Flyaway Sweepstakes. Consumers ages 21+ can now enter for a chance to win a trip for two to New York for a benefit concert featuring a top music act. The event will conclude an 11-city iHeartRadio concert series to benefit firefighters and communities affected by fire.
The sweepstakes and concert series are part of an effort by Jack Daniel's Tennessee Fire to raise funds in support of the Fire Family Foundation, an organization that offers immediate assistance to firefighters and their families, fire victims, fire departments and charities. The Foundation believes that by coming together as a "Fire Family," assistance can be provided by those impacted by fire.
"We are truly honored to have the support of Jack Daniel's Tennessee Fire to expand our efforts," says Robin McCarthy, Executive Director, Fire Family Foundation. "It's refreshing to work with a brand that's values are aligned with our mission to help people reclaim their lives after a tragedy such as a fire."

 www.JackFire.com
www.JackFire.com
The "Rise From The Fire" program pays homage to Jack Daniel's history. In April of 1930, the Jack Daniel distillery in Lynchburg, TN, was devastated by a fire. The distillery was later rebuilt, and operations resumed in 1937 with a fully functional fire brigade on the grounds. Now, Jack Daniel's Tennessee Fire will carry on the tradition and help others rebuild. The brand will drive donations for the Fire Family Foundation via the website, concerts and at location activations. Jack Daniel's Tennessee Fire will kick off the fundraising efforts with an initial donation of $25,000 to the organization to further enhance its efforts.  
"Jack Daniel himself was a man committed to bettering the community, and with 'Rise From The Fire,' Jack Daniel's Tennessee Fire will continue his legacy," says Casey Nelson, Brand Director, Jack Daniel's Flavor Portfolio. "Through this initiative, we will help firefighters and their families in their efforts to rebuild, while celebrating their selfless contributions."
The sweepstakes is open to legal residents of the United States, who are at least 21 years of age. Consumers can enter until April 30 by visiting www.JackFire.com and completing the entry form. The concert series will visit San Francisco, Tampa, Cincinnati, Austin, Pittsburgh, St. Louis, Phoenix, Seattle, Los Angeles, Boston and New York. For official rules and tour dates, visit www.JackFire.com
For Jack Daniel's Tennessee Fire news and updates, follow the brand on social media at Facebook (Facebook.com/JackTNFire), Twitter (Twitter.com/JackFire) and Instagram (Instagram.com/JackFire).
About Jack Daniel's:
Officially registered by the U.S. Government in 1866 and based in Lynchburg, Tenn., the Jack Daniel Distillery, Lem Motlow, proprietor, is the oldest registered distillery in the United States and is on the National Register of Historic Places. Jack Daniel's is the maker of the world-famous Jack Daniel's Old No. 7 Tennessee Whiskey, Gentleman Jack Rare Tennessee Whiskey, Jack Daniel's Single Barrel Tennessee Whiskey, Jack Daniel's Tennessee Honey, Jack Daniel's Tennessee Fire, Jack Daniel's Sinatra Select, and Jack Daniel's Country Cocktails. 
Please Drink Responsibly.
JACK DANIEL'S and TENNESSEE FIRE are registered trademarks of JACK DANIEL PROPERTIES INC. ©2017. Jack Daniel's.  Whiskey Specialty, 35% ALC./VOL.(70 proof). Produced and Bottled by JACK DANIEL DISTILLERY, Lynchburg, TENNESSEE, U.S.A.
About iHeartMedia
With over a quarter of a billion monthly listeners in the U.S. and over 85 million social followers, iHeartMedia has the largest national reach of any radio or television outlet in America. As the leader in multiplatform connections, it also serves over 150 local markets through 858 owned radio stations, and the company's radio stations and content can be heard on AM/FM, HD digital radio, satellite radio, on the Internet at iHeartRadio.com and on the company's radio station websites, on the iHeartRadio mobile app, in enhanced auto dashes, on tablets, wearables and smartphones, and on gaming consoles.
iHeartRadio, iHeartMedia's digital radio platform, is the fastest growing digital audio service in the U.S. and offers users thousands of live radio stations, personalized custom artist stations created by just one song or seed artist and the top podcasts and personalities. With over a billion downloads, iHeartRadio reached 95 million registered users faster than any other radio or digital music service and even faster than Facebook.
iHeartMedia's platforms include radio broadcasting, online, mobile, digital and social media, podcasts, personalities and influencers, live concerts and events, syndication, music research services and independent media representation. iHeartMedia is a division of iHeartMedia, Inc. (OTCBB: IHRT). Visit iHeartMedia.com for more company information.
SOURCE Jack Daniel’s Tennessee Fire